Thursday, November 27, 2014

ComfortDelGro kept at 'buy' by OCBC with $3.03 fair value

Stock Name: ComfortDelGro
Company Name: COMFORTDELGRO CORPORATION LTD
Research House: OCBCPrice Call: BUYTarget Price: 3.03



SINGAPORE (Nov 27): OCBC Investment Research is maintaining its "buy" call for ComfortDelGro with a fair value price of $3.03.

In a Nov 27 report, analysts Eugene Chua and Wong Teck Ching said they expect the transport operator to deliver steady growth into 2015.

"Stability is ComfortDelGro's key strength thus far for FY14 and we think its ability to remain so is attractive," say the analysts.

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